GLENCAS SERVICES LTD

🌿Early-stageactive
SC774277 · ltd · incorporated 2023-06-30
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
  • 77210Renting and leasing of recreational and sports goods
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-31
Average employees0

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-04-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-18
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  3. 2024-06-25
    📄
    capital-name-of-class-of-shares
    capital · SH08
  4. 2024-06-25
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  5. 2024-06-21
    📄
    memorandum-articles
    incorporation · MA
  6. 2024-06-21
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2024-06-21
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2023-06-30
    🏢
    Company incorporated
    As GLENCAS SERVICES LTD
  9. 2023-06-30
    STEELE, Calum Anthony appointed
    director
  10. 2023-06-30
    STEELE, Claire Jillian appointed
    director
  11. 2023-06-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 2.8 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Claire Jillian Steele
Individual · British · DOB 03/1976 · age 50
2550%
25–50%board control25-50% shares · 25-50% voting · board control30/06/2023
Mr Calum Anthony Steele
Individual · Scottish · DOB 07/1973 · age 53
2550%
25–50%board control25-50% shares · 25-50% voting · board control30/06/2023

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated2023-06-30
Jurisdictionscotland
Primary SIC70229 — Management consultancy activities other than financial management

Registered office

Glenfoot
Glendevon
Dollar
Perthshire
FK14 7JY
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-13
Last: 2025-06-29

Officers (2 active · 0 resigned)

STEELE, Calum Anthony
director · ~53y · appointed 2023-06-30
View their other companies + combined net worth →
Active
STEELE, Claire Jillian
director · ~50y · appointed 2023-06-30
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (10 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-01
change-account-reference-date-company-previous-extended
accounts · AA01
2025-03-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-10
capital-name-of-class-of-shares
capital · SH08
2024-06-25
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-06-25
memorandum-articles
incorporation · MA
2024-06-21
resolution
resolution · RESOLUTIONS
2024-06-21
resolution
resolution · RESOLUTIONS
2024-06-21
incorporation-company
incorporation · NEWINC
2023-06-30